""BTW, do you really believe that $1.19 is justified? I didn't think so. It has little to do with confidence in management by the "Market," imo.""
I completely disagree thomass
investing 101
Its about qualified leadership imo, the CEO & CFO's recent track record include two questionable recent share deals without any plausable explanation to its stakeholders. They forecast there was enough cash on hand to last into /07 before the first July dilution. So much for guidance.
They have not put a single penny of their own skin at these cheap street share prices.
They believe shareholders have no right to question their request to print a 100% increase in new shares.
These CEO and especially the CFO are coming across more as unqualified business leaders and lacking common sense.